Now, let’s look at the intrinsic value and do simple techincal analysis on Super Group.
Intrinsic Value
The intrinsic value I calculated is below the current share price with 25% MOS. However, I would like to wait till the TDRs has been issued to see how the market responds and to mitigate some dilution. I’m just very risk averse or “kiasee” you can say.
Techincals
Super seems to be in a downtrend in a channel now according to the charts below. The price is also below the 25 and 50 day moving averages.